Lifetime Estate Tax Exemption 2025. The “basic exclusion amount” rises to $13.99 million for 2025, up from $13.61 million in 2024, the agency. This means that individuals can transfer up to $13.99 million over their.

The 37 percent tax rate will affect single taxpayers whose income exceeds $609,350 in 2024 ($626,350 in 2025) and married taxpayers filing jointly whose income exceeds. Here is a simple strategy for them to.